Tag: Geely

Geely launches its biggest SUV yet – Hao Yue

Chinese automaker Geely Auto officially launched its first seven-seat D-segment SUV, Hao Yue in an entirely online launch ceremony today. The seven-seat SUV marks Geely Auto’s entry into a highly competitive market segment that is currently dominated by foreign joint-venture brands in the Chinese market. Geely says it aims to challenge the competition by offering… Continue reading Geely launches its biggest SUV yet – Hao Yue

@Geely: Geely Auto Enters D-Segment with Brand’s Biggest SUV to Date

Geely’s biggest SUV to date, the Hao Yue officially released in digital launch ceremony 7-seat Hao Yue marks Geely’s Auto official entry into the D-segment SUV market New D-segment SUV challenging competitors with a suite of Geely’s latest technologies in a highly competitive package 2020 June 23, Hangzhou. Geely Auto officially launched its first seven-seat… Continue reading @Geely: Geely Auto Enters D-Segment with Brand’s Biggest SUV to Date

South Korea’s Hyundai Motor, LG Chem considering EV battery JV in Indonesia: source

SEOUL (Reuters) – South Korea’s Hyundai Motor Group and LG Chem Ltd (051910.KS) are considering establishing an electric vehicle (EV) battery cell manufacturing joint venture in Indonesia, a person familiar with the matter told Reuters on Tuesday. FILE PHOTO: An attendee takes a picture of the 2019 Hyundai Kona Electric vehicle being displayed at the… Continue reading South Korea’s Hyundai Motor, LG Chem considering EV battery JV in Indonesia: source

Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

Brussels, 23 June 2020 – In the light of the major economic crisis facing the auto industry due to COVID-19, the European Automobile Manufacturers’ Association (ACEA) has radically revised its 2020 forecast for passenger car registrations down to about -25%. This effectively means that the industry association expects car sales in the European Union to… Continue reading Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

South Korea’s SsangYong Motor looking for possible buyer as Mahindra may exit

SEOUL (Reuters) – South Korean sports-utility vehicle maker SsangYong Motor (003620.KS) is looking for a potential buyer after India’s Mahindra and Mahindra (MAHM.NS) said it could give up its majority stake in the struggling company. SsangYong has picked an advisor to tap markets for a new investor, a spokesman for the South Korean company said… Continue reading South Korea’s SsangYong Motor looking for possible buyer as Mahindra may exit

(LEAD) SsangYong partners with Chinese firm for exports

(ATTN: ADDS ongoing effort to find new investor in last 5 paras) SEOUL, June 19 (Yonhap) — SsangYong Motor Co. said Friday it has signed an initial agreement with Chinese carmaker Songuo Motors Co. to export its Tivoli sport utility vehicle. Under the basic agreement, SsangYong Motor will deliver the Tivoli SUV in the form… Continue reading (LEAD) SsangYong partners with Chinese firm for exports

@Daimler: 18. Jun 2020Green Finance Framework marks the next milestone of Daimler’s sustainable business strategy

Green Finance Framework lays foundation for a broad range of sustainable finance instruments such as green bonds and green loans Daimler meets the increasing investor demand for sustainable investments and opens an additional funding source for Daimler’s sustainable business strategy Green finance instruments allow investors to invest in green projects like the development and production… Continue reading @Daimler: 18. Jun 2020Green Finance Framework marks the next milestone of Daimler’s sustainable business strategy

Geely Automobile steps toward mainland China listing; HK shares surge

BEIJING/SHANGHAI (Reuters) – Geely Automobile Holdings Ltd (0175.HK) said its board has approved a preliminary proposal to list new renminbi shares on mainland China’s Nasdaq-like STAR board, sending its Hong Kong-listed shares up as much as 7% on Thursday. FILE PHOTO: The logo of Chinese carmaker Geely Auto is pictured at the second media day… Continue reading Geely Automobile steps toward mainland China listing; HK shares surge

China’s Geely Automobile moves towards mainland listing

BEIJING/SHANGHAI (Reuters) – Geely Automobile Holdings Ltd (0175.HK) said on Wednesday its board had approved a preliminary proposal for the possible issue of renminbi shares and a listing on mainland China’s Nasdaq-like STAR board. FILE PHOTO: The logo of Chinese carmaker Geely Auto is pictured at the second media day for the Shanghai auto show… Continue reading China’s Geely Automobile moves towards mainland listing